Saudi Arabia arrests 11 princes in anti-corruption sweep

06 November, 2017, 01:51 | Author: Lester Mason
  • King Salman

Washington has also supported the crown prince's aggressive foreign policy in the Persian Gulf region, lending military support for the Saudi war against Iran-linked Houthi rebels in Yemen and sanctioning the Saudi-led blockade of Qatar.

Hours before landing in Japan, the first stop of his 12-day Asia trip, the president tweeted his support for a US stock listing for the world's largest oil company: "Would very much appreciate Saudi Arabia doing their IPO of Aramco with the New York Stock Exchange".

It did not reveal the cause of the crash or the fate of the other officials aboard the aircraft.

The crash follows a day after a ballistic missile launch that was sacked at an airport in Riyadh, the capital of Saudi.

Hoping for a quick victory against what it saw as Iranian expansionism in its back yard, Riyadh has so far been unable to remove the Huthis from Yemeni capital Sanaa.

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Saudi Crown Prince Mohammed bin Salman poses while meeting with Turkey's President Recep Tayyip Erdogan in Jiddah, Saudi Arabia, on July 23, 2017.

He carried out an anti-corruption purge by arresting royals, ministers and investors including billionaire Alwaleed bin Talal who is one of the kingdom's most prominent businessmen, Reuters reported. Some of them are potential rivals or critics of the crown prince, whose purported anti-corruption sweep sent shockwaves across the kingdom Sunday as he further consolidated power.

The prince was the son of Muqrin bin Abdulaziz Al Saud - who was the crown prince of Saudi Arabia from January to April in 2015.

Saudi Twitter accounts released several other names of those arrested, including Alwalid al-Ibrahim, a Saudi businessman with ties to the royal family who runs the Arabic satellite group MBC, Amr al-Dabbagh, the former head of the Saudi Arabian General Investment Authority, Ibrahim Assaf, the former finance minister, and Bakr Binladin, head of the Saudi Binladin Group, a major business conglomerate.

The king had decreed the creation of a powerful new anti-corruption committee, headed by the crown prince, only hours before the committee ordered the arrests.

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